Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements Client satisfaction Satisfied clients are our highest priority. Achieving a high level of client satisfaction is only possible through focusing on our clients'needs and expectations. We use NPS to measure Rural client satisfaction and the Greenwich Quality Index to measure Wholesale client satisfaction. Providing products and solutions for our clients 2017 was a successful year for our international business. For our wholesale clients, we are able to play a leading role in many Food Agri and other transactions in the Netherlands and worldwide. Products and innovations that matter In 2017 we started a range of pilots and experimental innovations like mOOvement and TERRA and continued those which proved useful for our clients around the world. Particularly in the Food Agri space new technologies and use of data make it possible to produce higher yields from the same land. Foodbytes! This platform for Food Agri Innovation was created with one simple goal: to find the most innovative concepts in Food Agri and pair them with the capital needed to bring them to the market. Since the launch of Foodbytes! in 2015, more than 1,400 companies have presented themselves in these pitch forums in New York, San Francisco, Austin, Sydney and Wageningen. With Foodbytes! we continue to strengthen our global network of Food Agri innovators who help us to accomplish our mission of Growing a better world together. TERRA Last year we launched TERRA with the aim of fuelling cross- industry innovation and setting a new standard for Food Agri. Guided by Rabobank's Food Agri leadership and expertise, TERRA allows selected cohort companies to work hand-in-hand with corporate collaborators on customised, collaborative and confidential product pilots.TERRA connects the top corporate brands and the top start-ups in the Food Agri sector. It is the first programme of its kind to bring together the industry's most disruptive start-ups with the execution power of the big players. It is designed to be an ongoing innovation platform that will result in a stream of commercially viable solutions. Rabobank Global Farmers Rabobank Global Farmers is a worldwide online farmers community exclusively for our Rabobank customers, which was rolled out globally in mid- 2016. Rabobank's farming clients requested a platform where they could exchange ideas, experiences and gain knowledge. We expect Global Farmers to become an important platform that helps our rural clients with access to our network and tools to improve their businesses and therefor contribute to Growing a better world together. mOOvement 'Data is the oil of the 21st century'. We expect that in Food Agri algoritms based on big data will improve farm productivity. MOOvement, a technology that helps our clients gain better insight into their farm management by allowing them to register, locate and follow their cattle at any time. It collects agri data and combines and analyses it to support farmers and the F&A supply chain in making key decisions.The Australian beef industry is the first market where mOOvement is using track trace and sensor technology to solve issues concerning localising livestock inefficient pasture use and limited health status. Biockchain Blockchain technology can have an enormous impact on corporate clients.To be prepared, we are establishing strategic partnerships to rethink current practices in trade and commodity finance, and to test and exploit the ample possibilities blockchain technology offers. O Read more about blockchain in this case Ecosystem Our ecosystem is a holistic client-based, sector-focused approach. It is based on the idea of thinking through the value chain to get to sector-based solutions and having a clear view of all the relevant stakeholders in a sector. It enables us to be a strategic partner for clients when they need help to get through bottlenecks and find a financial solution. O Read more about ecosystem in this case Sustainability programme - Sustainably Successful Together We recognise the importance of the role that sustainable development can play in society and are committed to facilitating the transition to a more sustainable and circular economy.This is why we are continuing to implement the Sustainably Successful Together (SST) programme which started in 2014. We aim to be ranked by independent rating agencies as one of the most sustainable globally active banks by 2020. For a complete overview of our ratings, please refer to appendix 3. Rabobank Annual Report 2017 - Management report 33

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Annual Reports Rabobank | 2017 | | pagina 34